“You don’t have to be rich to make a difference. Ordinary people can give for the sake of making our community a better place, one dollar at a time.”
Executive Director, Leadership Gwinnett
Other Types of Funds
Investing in the Future
Donors who endow their gifts can make a difference in the community during their lifetime, and, at the same time, provide a gift that lasts forever. These types of funds are created to provide a permanent source of support to be used for charitable purposes. The principal of the fund is never spent.
When you establish or contribute to an unrestricted fund, you help to support The Community Foundation’s community grant programs conducted annually. In other words, your gift can address a broad range of local needs – including future needs that often cannot be anticipated at the time your gift is made. The flexibility of unrestricted funds enables CFNEG program experts to respond to the community’s most pressing needs as they emerge.
Fields of Interest Funds
Establishing a field of interest fund allows you to target your gift to address a specific area of community need. You can identify your personal area of interest and we will award grants to nonprofit organizations that are making a difference in the area you select – whether it be the arts, access to health care or the environment.
Provide Ongoing Suppport
Establishing a designated fund ensures that long term annual support will be provided to specific eligible, charitable organizations that donors/organizations choose. If the original named charity ceases to exist, becomes obsolete or is unable to perform their charitable purpose then the Foundation can reallocate the funds in accordance with the donor’s original intent.
Invest in Deserving Students
When you establish or contribute to a scholarship fund, you help students achieve their dreams through education. You may work with our staff to create the guidelines for students who can receive financial assistance through the fund. For example, eligibility may be based on field of study, community involvement, merit or financial need. If you wish, you may also be involved in (but not control) the annual selection process
Enrich Education Opportunities
School endowments can be established to enhance the quality of public education by providing funds to be used in developing educational needs. Each fund has its own governing board to review and select the direction and the individual programs to be funded.
Become a Foundation Partner
Those who wish to have many of the benefits of a private foundation, yet enjoy the favorable public charity status for income tax purposes, should consider becoming a supporting organization of the Foundation. With only a fraction of the administrative responsibilities and lower costs, you maintain personal involvement and support the causes you care about most while enjoying the positive tax treatment of a public charity.